(The following press release from Royal KPN NV was received by e-mail. The
sender verified the statement.)
América Móvil terminates Relationship Agreement
Royal KPN N.V. ("KPN") has been notified by América Móvil ("AMX") that AMX has
terminated the Relationship Agreement dated 20 February 2013 with immediate
Following the termination of the Relationship Agreement the standstill has also
ended. AMX may now increase its shareholding to 30% or more of the voting
rights attached to KPN's share capital, subject to mandatory offer and other
statutory requirements. The two AMX designees in KPN's Supervisory Board will
remain in place as long as AMX holds 20% or more of KPN's share capital, and at
least one designee as long as AMX holds 10% or more of KPN's share capital.
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